Australia Releases Survey Of Education And Work Report
A new report confirms the Government is on track to meet its education targets and deliver on its commitment to a world class education system for Australia.
Minister for Tertiary Education, Senator Chris Evans, welcomed the latest Australian Bureau of Statistics Survey of Education and Work report which shows the proportion of 25-34 year-olds with at least a Bachelor level qualification is 34.2 per cent – up from 31.9 per cent in 2008.
“This report shows the government’s target that 40 per cent of 25-34 year olds hold a Bachelor-level education by 2025 is well within reach,” Senator Evans said.
The report also shows that the proportion of people aged 20-64 without a formal qualification at the Certificate III level or above has decreased from 48.1 per cent in 2008 to 45.4 per cent in 2010.
“Major investments have been made to improve the overall quality of our higher education and vocational education and training (VET) institutions as part of our responses to the Bradley Review of higher education and the global financial crisis,” Senator Evans said.
“A strong higher education sector is integral to creating a skilled Australia, ready for the challenges of a modern economy. The greatest investment a government can make to boost productivity is in education.”
The Australian Government’s investment in higher education includes:
- A commitment to lift caps on undergraduate university places for domestic students, at an estimated additional cost of $2.1 billion over five years from 2010.
- The introduction of a new indexation approach, giving universities an additional $2.6 billion over five years from 2011 to provide top quality education.
- A substantial investment in higher education infrastructure, with more than $4.1 billion already being committed from the Education Investment Fund for strategic infrastructure in the tertiary and research sectors.
“Importantly, the Government is determined to ensure that our investments lead to improved quality in higher education that will be enjoyed by international and domestic students alike,” Senator Evans said.
For example, the new Tertiary Education Quality and Standards Agency will oversee registration, standards, performance evaluation and regulatory streamlining that will underpin quality in the higher education sector.
The forthcoming National VET Regulator will do the same for vocational education and training, ensuring the Government can act quickly and decisively to address the most important quality issues in the sector.
The ABS report – 6227.0 – Education and Work, Australia can be found at: www.abs.gov.au
Topics: 2010, Australia, Australian Bureau of Statistics Survey, Bachelor, Bradley Review of higher education, Certificate III, economic development, economic growth, Economy, education, Education Investment Fund, Governance, government, learning, moniter, monitor, news, Senator Chris Evans, skills, students, Survey of Education and Work report, Tertiary Education Quality and Standards Agency, training, VET, vocational education and training, workforce
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